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2020 (1) TMI 926 - HC - Income TaxAddition of Sub License Fee Expenses - allowable revenue expenditure - Tribunal upholding the order of the CIT(A) for deleting addition - HELD THAT:- Tribunal has relied upon the decision of the Delhi High Court in the case of CIT vs. J K Synthetic Ltd [2008 (12) TMI 21 - DELHI HIGH COURT] wherein the Delhi High Court has taken the view that no under the agreement the assessee has obtained a technical assistance and acquired some technical information which was a knowhow related to process of manufacture, then it is not a transfer of the ownership of the knowhow and to be treated as revenue expenditure. We are in complete agreement with the finding recorded by the Tribunal as regards the proposed question No.2[C] is concerned.
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